The document discusses trends related to the third industrial revolution including collaborative innovation, the sharing economy, cryptocurrencies, crowdfunding, and distributed manufacturing. It notes that these trends are challenging traditional institutions and models of value creation as knowledge becomes more distributed through open networks and platforms. Organizations will need to both explore new collaborative models and exploit opportunities in these emerging areas to remain competitive in the future.
A presentation I made at the RegLab Annual Conference in Uppsala in March 2015, http://www.reglab.se/arskonferens/. "At Reglab, regions, national state authorities and researchers meet and can add to their competence on issues of development and growth."
A presentation I made at the RegLab Annual Conference in Uppsala in March 2015, http://www.reglab.se/arskonferens/. "At Reglab, regions, national state authorities and researchers meet and can add to their competence on issues of development and growth."
New Industrial Revolution(s) TillväxtverketRobin Teigland
My slides from today's presentation at Tillväxtverkets Stora Tillväxtdagen, October 2016, http://www.delegia.com/app/attendee/default.asp?PageId=49948&MenuItemId=45958&ProjectId=8316
New Industrial Revolution and Implications for the Labor Force and UniversitiesRobin Teigland
Slides from my keynote at Sweden's Ministry for Enterprise and Innovation in connection with a seminar on Competence and Digitalization's Opportunities (Kompetens och digitaliseringens möjligheter) on Sept 26, 2017
My slides (extended) from the plenary session: "Digital Economies: Reconfiguring uneven geographies" at the 4th Global Conference on Economic Geography (http://www.gceg2015.org/) in Oxford in Aug 2015.
Leading into the Third Industrial RevolutionRobin Teigland
My keynote presentation at the NEMO 14 (New Media Modern Democracy) "Meet the Digital Naturals" Conference at Lund University Campus Helsingborg in October 2014. http://nemo.blogg.lu.se/594/
New Industrial Revolution and Implictations for CFOsRobin Teigland
My slides from a presentation for the annual event, CFO of the Year (Årets CFO) in Stockholm in November 2016, http://www.bwz.se/TALENTUM/b.aspx?vi=12&vid=642&ucrc=D3C2BFC8
My lecture at the Nobel Breakfast at Nobel Museum in Stockholm on Intrapreneurship http://www.anpdm.com/newsletterweb/44405E4B7641445F4171424059/4240504A7647435B477448405E4A71
My ppt from today's presentation at the EdTech Seminar organized by Ulf Skarin of Veckans Affärer at Swedish Parliament, http://riksdagsseminarium-svensk-edtech.confetti.events/
Slides from my lecture at KTH - Royal Institute of Technology in October 2014, http://dm2571-2014.blogspot.se/2014/09/lecture-12-wed-oct-1-10-12-teigland.html
Fintech and Transformation of the Financial Services IndustryRobin Teigland
Slides from our FinTech day as part of the Entrepreneurship & Innovation Concentration in the Stockholm School of Economics Exec MBA program in Stockholm, Sweden.
My ppt for Nordic Financial Unions Annual Conference in May 2015 in Hurdalsjoen, Norway (http://nordicfinancialunions.org/ ) as well as for CGI Day in Stockholm in June 2015 (http://www.cgi.se/events). Feel free to use.
New Industrial Revolution(s) TillväxtverketRobin Teigland
My slides from today's presentation at Tillväxtverkets Stora Tillväxtdagen, October 2016, http://www.delegia.com/app/attendee/default.asp?PageId=49948&MenuItemId=45958&ProjectId=8316
New Industrial Revolution and Implications for the Labor Force and UniversitiesRobin Teigland
Slides from my keynote at Sweden's Ministry for Enterprise and Innovation in connection with a seminar on Competence and Digitalization's Opportunities (Kompetens och digitaliseringens möjligheter) on Sept 26, 2017
My slides (extended) from the plenary session: "Digital Economies: Reconfiguring uneven geographies" at the 4th Global Conference on Economic Geography (http://www.gceg2015.org/) in Oxford in Aug 2015.
Leading into the Third Industrial RevolutionRobin Teigland
My keynote presentation at the NEMO 14 (New Media Modern Democracy) "Meet the Digital Naturals" Conference at Lund University Campus Helsingborg in October 2014. http://nemo.blogg.lu.se/594/
New Industrial Revolution and Implictations for CFOsRobin Teigland
My slides from a presentation for the annual event, CFO of the Year (Årets CFO) in Stockholm in November 2016, http://www.bwz.se/TALENTUM/b.aspx?vi=12&vid=642&ucrc=D3C2BFC8
My lecture at the Nobel Breakfast at Nobel Museum in Stockholm on Intrapreneurship http://www.anpdm.com/newsletterweb/44405E4B7641445F4171424059/4240504A7647435B477448405E4A71
My ppt from today's presentation at the EdTech Seminar organized by Ulf Skarin of Veckans Affärer at Swedish Parliament, http://riksdagsseminarium-svensk-edtech.confetti.events/
Slides from my lecture at KTH - Royal Institute of Technology in October 2014, http://dm2571-2014.blogspot.se/2014/09/lecture-12-wed-oct-1-10-12-teigland.html
Fintech and Transformation of the Financial Services IndustryRobin Teigland
Slides from our FinTech day as part of the Entrepreneurship & Innovation Concentration in the Stockholm School of Economics Exec MBA program in Stockholm, Sweden.
My ppt for Nordic Financial Unions Annual Conference in May 2015 in Hurdalsjoen, Norway (http://nordicfinancialunions.org/ ) as well as for CGI Day in Stockholm in June 2015 (http://www.cgi.se/events). Feel free to use.
Third & Fourth Industrial Revolution - DalarnaRobin Teigland
My slides from a presentation in Falun, Sweden in June 2016 for a networking event for SMEs from the Dalarna region: http://www.mellansvenskahandelskammaren.se/Events/4201/Valkommen-pa-Supernatverkstraff
Digital Transformation in Corporate BankingScopernia
The world of finance and insurance is changing. Digital is impacting every aspect of banking, not just for B2C but also for B2B. This presentation for Belfius Corporate Banking, shows the signs of disruption while offering a framework to deal with digital transformation.
AI IS EATING THE WORLD
Since the industrial revolution we have seen that we automate every system the can be automated efficiently. Created massive distribution of wealth.
With AI and Bots, we are moving from automating “simple” repetitive tasks to autonomous systems that can handle complex and changing situations. It is not a question what verticals will be disrupted, it is a question of when, a few examples…
In this report, you will find everything that happened during Slush 2018, from the latest trends in mobility, cybersecurity and gaming to what's hot in the booming blockchain industry. It includes the list of startups awarded within Slush 100 competition as well as the Global Impact Accelerator.
Brought to you by sesamers.com
My presentation from the Reglab 2010 ThinkTank Workshop in Stockholm in November 2010, http://www.reglab.se/reglab/braingain-reglabs-forsta-framsynsseminarium
Fad Or Future Second Life And Virtual WorldsRobin Teigland
This presentation discusses what is happening today in Second Life and other virtual worlds from a business perspective. It also presents four scenarios for the future as well as discusses what businesses should do.
My slides (in English) from our presentation at Styrelseakademien on Oct 21, 2019 in Stockholm at PWC offices. As part or our project, 4boards.ai, https://4boardsai.wordpress.com/.
A World of Opportunities for Young EntrepreneursRobin Teigland
The presentation that I made at the Royal Mint Cabinet in Stockholm, Sweden together with my son TG who spoke about his crowdfunding platform, Aleepa, as an example of what a young entrepreneur can do today.
Similar to Third Industrial Revolution Sept 2014 (20)
Leading in a Digital World_MCS_Overview.pptxRobin Teigland
Presentation made for Ocean Data Factory Sweden webinar series on our next innovation cycle - "Filling Coastal Data Gaps - Let's Do it Ourselves!". Collaboration with Chalmers, SMHI, Mooringo, Ocean Tech Hub Lda on a marine citizen science low-code, low-cost sensor live case for 2nd year Industrial Economics MSc students Chalmers University of Technology Spring 2023.
Network Leadership for a Sustainable FutureRobin Teigland
Updated presentation of my research into networked leadership for a sustainable future - including our work with Peniche Ocean Watch (www.penicheoceanwatch.com)
Live Teaching Case: The Gothenburg Smart City ChallengeRobin Teigland
Describes a live case used in the third year of the Industrial Economics program at Chalmers University of Technology in Gothenburg, Sweden. The focus is on Smart Cities, open data, and digital innovation.
Keynote Chalmers Transportation in Age of DigitalizationRobin Teigland
keynote speech at Chalmers Conference in Sept 2019, https://www.chalmers.se/en/areas-of-advance/Transport/calendar/initiative-seminar-2019/Pages/default.aspx
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
6. “Old” Film from 2008
Did You Know: Shift Happens
http://www.youtube.com/watch?v=cL9Wu2kWwSY&feature=search
1. What trends do you recognize?
2. How are these trends affecting you and
your organization?
3. What leadership challenges do these
trends lead to?
7.
8. History tends to repeat itself….
Innovation, financial crisis, industrial revolution, …
Steam
engine
Internal
combustion
engine
Microelectronics
Late 18th C Late 19th C Late 20th C
Schön 2008
Third
industrial
revolution?
9. People
• “Net generation”
• 24x7 “mobile” workforce
• Knowledge via MOOCs
• Sharing not consuming
• Sustainability
Technology
• Broadband access
• The Cloud
• Mobile phones
• Internet of Things
• Big Data
• 3D printing
• Robotics/AI
• VR/AR
Open Source
• Software
• Hardware
• Physibles
Convergence of…..
Finance
• Microlending/microfinance
• Crowdfunding/equity/P2P
• Non-fiat cryptocurrencies
• Mobile money/payments
10. If the rate of change on the
outside (of an organization)
exceeds the rate of change on
the inside, the end is near....
-Jack Welch
11. Increasing pace of change
From 1920s to 2010s
− Average lifespan of S&P 500 company fell from 67
years to 15 years
From 2000 to 2010
− 40% of companies on Fortune 500 list replaced
Predictions
− In next few years, 70% of Fortune 1000 companies to
be replaced
− By 2020, >75% of S&P 500 companies do not exist
today
− By 2025, >45% of Fortune 500 companies to be from
emerging markets
Fast Company, McKinsey & Inc
12. ”Bitcoin has made me interested in
issues like finance and money – things
that I never thought about before. Now
I am really curious and questioning
why things are the way they are in the
finance world….and wondering what
can I do to change them.”
- Bitcoin 2014 Conference Attendee
14. In just a few years in Sweden alone…
Company Founded Business
Klarna 2005 E-commerce payment services
MyLoan 2006 Loan broker
Trustly 2008 Online payments
TrustBuddy 2009 P2P lending
iZettle 2010 Mobile payments
FundedByMe 2011 Crowdfunding, crowd equity
Kivra 2011 Digital mailbox
Tink 2012 Personal finance
Safello 2013 Cryptocurrency exchange
KnCMiner 2013 Cryptocurrency mining equipment
Toborrow 2013 P2P lending for companies
15. Banks’ share of wallet is rapidly shrinking
International Entrepreneurs
Nordic Entrepreneurs
Nordic Banks
Pay, Save,
Lend, Insure
16. What is Crowdfunding?
Accumulation of small investments in individual
projects by large number of individuals (the
“crowd”) via or with help of Internet and social
networks (De Buysere et al., 2012)
Picture: FundedByMe
17. Four forms of crowdfunding
Form Benefits for funders
Donation-based Donation Intangible benefits.
Reward-based
Donation or pre-purchase
Rewards in addition to intangible
benefits.
Equity-based Investment
Return on investment if company
does well. Rewards sometimes also
offered and intangible benefits may
motivate too.
Debt-based Loan
Repayment of loan with interest.
Alternatively intangible benefits if loan
given interest-free.
Ingram & Teigland 2013
18. Local Stockholm success story:
Flippin’ Burgers
Money raised:
SEK 36,502 /
€4,000
Number of
investors: 186
Date funded:
September 2011
Sector: Food
21. P2P lending in the US and UK…
• USD 3.8 bln in personal
loans since 2007
• USD 750 mln growth
each quarter
• Now offering business
loans
• Strategic alliance with
Union Bank
23. Democratizing innovation
through access to capital
Kickstarter
• Women 13% more likely to to meet
crowdfunding goals than men
• 67% of women-led technology
ventures reached goals vs 30% of
male-led ventures
Indiegogo
• Women 61% more likely than men
to meet goals
• Women account for 41% of projects
that meet goals
http://online.wsj.com/articles/kickstarter-closes-the-funding-gap-for-women-1407949759
24. Bitcoin = The power of community +
open source + internet + CPU
• Developed by self-organizing community of thousands of
“strangers” across globe
• Not one but many motivations (intrinsic, extrinsic)
• 91 bln SEK in circulation vs SEK 44 bln of Bitcoin in five years
• Approx USD 6.2 bln in circulation (Sept 2014) and 70,000
daily transactions
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2263707
26. Bitcoin – one of many cryptocurrencies
Currency Code
Year
Est.
Founder(s) Active Website PoW PoS
Bitcoin BTC or XBT 2009
Satoshi
Nakamoto
(pseudonym)
Yes N/A Yes No
Ripple XRP 2013
Chris Larsen
& Jed
McCaleb
Yes ripple.com No No
Litecoin LTC 2011 Charles Lee Yes litecoin.org Yes No
Peercoin PPC 2012
Sunny King
(pseudonym)
Yes peercoin.net Yes Yes
Dogecoin DOGE 2013
Jackson
Palmer
& Billy
Markus
Yes
dogecoin.co
m
Yes No
Namecoin NMC 2011 N/A Yes dot-bit.org Yes No
Mastercoin MSC 2013 J. R. Willett Yes
mastercoin.or
g
No No
Primecoin XPM 2013
Sunny King
(pseudonym)
Yes
primecoin.or
g
Yes No
32. No one knows everything,
everyone knows something,
all knowledge resides in nheutmwaonrkitsy..
Six degrees of
separation
- Milgram, 1967
Adapted from Lévy 1997
33. 105 emp
350+
Partners
43,900+
Community
members
15,000+
Customers in
130 countries
• Content management software, #1 in media industry
• 250,000 sites in 170 countries
• Customers: UN, FT, WSJ, Vogue, Hitachi, 3M, BMW
• 105 employees in 9 countries (US, Europe & Asia)
Teigland et al., 2014 forthcoming
34. eZ’s platform for building identity and
competence throughout its ecosystem
eZ Software
development team
35. Where have the traditional sources of
sustainable competitive advantage been?
FIRM
#1
Innovation
Networks of
relationships
Brand &
Reputation
Kaye 1993
36. T
Where are the sources today of
sustainable competitive advantage?
FIRM
#1
Innovation
Networks of
relationships
Brand &
Reputation
Teigland 2010
38. Threadless
A platform for global community collaboration
Est. $30 mln sales
30% profit margin in
commodity business
20 employees but a
24x7 global “workforce” of
2.4 million
No internal R&D or
sales & marketing
42. Innovation in automotive design/production
“Local Motors is the place for people to create
influential vehicles together.”
http://www.youtube.com/watch?v=azCRuwtE_n0
46. DIY 3D printing becoming more commonplace…
http://openfabpdx.com/fffiddle/
47. “Made in Africa” 3D printer (Togo)
crowdfunded through Ulele
Winner of International
Space Apps Challenge
http://www.engineering.com/3DPrinting/3DPrintingArticles/ArticleID/5712/E-Waste-3D-Printer-to-Mars.aspx
49. OpenSimulator: A value-creation ecosystem
Academic
Entrepreneur
Hobbyist
Large Firm
Non-profit
Local Public
Federal Public
Research Inst
SME Employee
Periphery
Teigland, Di Gangi, & Yetis 2012
USD 5.5mln in
development costs
50. What’s around the corner?
24x7 Global Internet Collaboration + Open Source + 3D Printing
$60,000
$150
Available for free
download on
http://mashable.com/2013/02/13/robohand/
Where is
the firm?
51. Leading into the third industrial revolution
Part I Background
Part II Collaborative Innovation
Part III The Sharing Economy
52. What is the Sharing Economy?
Range of services that facilitate peer-to-peer
transactions through the Internet
USD 335 billion by 2025 in top five sectors
https://www.youtube.com/watch?v=LWD-I5qPCfw
55. Global platform for local community collaboration
Launched June 2010
USD 17 bln valuation
43 countries globally
Uber
Limited physical assets
UberPop, Uber Rush, ??
59. Bitcoin – so much more than a “coin”
From dumb to smart money
Underlying Bitcoin protocol holds real
transformative power
Transfer property rights (e.g., shares,
certificates, digital money) fast,
transparent and very securely.
http://thenextweb.com/insider/2014/02/15/bitcoin-platform-currency/
60. Big Data is now big money
Tomas Larsson, Sep 2012
http://hbr.org/2012/10/data-scientist-the-
sexiest-job-of-the-21st-century/ar/1
61. Thomas Jefferson (1816)
“Laws and institutions must go hand in hand
with the progress of the human mind.”
The problem is that the human mind itself
can’t keep pace with the advances that
computers are enabling.
http://wadhwa.com/2014/04/15/mit-technology-review-laws-and-ethics-cant-keep-pace-with-technology/
64. Institutions
Challenges to institutions?
Emergent Collective
E.g., Central Bank
~ Long-standing financial
institutions and regulations
vs
E.g., Bitcoin Community
~ Emergent collective of users across
globe connected through internet
Teigland, Yetis, Larsson, 2013
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2263707
65. Increasing pressure due to variety of
new financial instruments
Forces for change
• Cryptocurrencies
• Community
currencies
• Crowdfunding
• Microfinance
• P2P lending
• Sharing
The
status
quo
Forces for stability
• Governments
• Central banks
• Multinational
financial actors
• Legal system
• Mindset
68. Internal corporate crowdfunding
iFundIT
More than 300 participants
Entry-level workers to VPs
Given $2,000 to invest over 8 week period
Choose internal projects in which to invest
70. Some questions…
What basic assumptions about value creation will
no longer hold?
What opportunities are there for your company
related to the future of money, collaborative
innovation, and the sharing economy?
What strategic challenges are there within the
nearest 2-3 years in connection with the future of
money, collaborative innovation, and the sharing
economy?
What will you do tomorrow at work as a result of
today’s discussion?
71. Exploitation
Improving existing
value creation
activities
Exploration
Developing new
value creation
activities
Adapted from March 1991
72. What’s around the corner?
24x7 Global Internet Collaboration + Open Source + 3D Printing
$60,000
$150
Available for free
download on
http://mashable.com/2013/02/13/robohand/
Where is
the firm?
73. Models of Knowledge Creation
The Firm
E.g., Microsoft
~ Built by employees within
organizational boundaries
vs The Collective
E.g., OpenSimulator
~ Built by users and distributed
freely regardless of affiliation
Teigland, Di Gangi, & Yetis 2012
74. Moving into the Third Industrial Revolution?
O’Driscoll 2009
75. From the mobility of goods
to the mobility of financial capital to …
Teigland, JVWR, 2010
...the “mobility” of labor?
76. Overview
− EU funded, 3 year multilateral and transversal network (LLP EACEA, KA3 (ICT))
− December 2011 – December 2014
− Project Leader: University of Hull (Darren Mundy, Luisa Panichi)
− 19 partners from Austria, Cyprus, France, Germany, Israel, Italy, Netherlands,
Norway, Portugal, Sweden, UK
Network Aims
−Collect good practice examples in teaching and learning in virtual worlds
from different subjects and national and local contexts
− Facilitate transfer of core knowledge to new contexts
− Provide framework for creation of pan-European virtual-world university
Expected Outcomes
− Increased number of experts in virtual world education
− Policy for long-term sustainability of network and its outcomes
− Model for knowledge transfer
− Range of dissemination events
More information: http://www.euroversity.eu/
78. Some things do not change
Innovation Exchange
Exchange Trust
Trust Relationships
Relationships Interaction
79. If you love knowledge,
set it free…
Robin Teigland
robin.teigland@hhs.se
www.knowledgenetworking.org
www.slideshare.net/eteigland
www.nordicworlds.net
@RobinTeigland
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